Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
(Reuters) -Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH’s drinks unit, Moet Hennessy, Bloomberg News reported on Friday, citing people familiar with the matter. News
Hedge fund industry reaches $4.5 trillion in 2024
By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, research firm HFR said on Friday. Total (EPA:TTEF) assets increased by $401.4 billion
Appetite for IPOs is strong, but watch those valuations, analysts say
By Niket Nishant and Manya Saini (Reuters) – The tepid reception to Venture Global’s ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the recovery in new
Half of investors want to spend more on hedge funds, says BofA survey
By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan to allocate more money to hedge funds this year, while 37% wanted no change. The results represented a 2% uptick in those
2025 is a crucial year for the ‘roaring ’20s’, UBS says
Investing.com — As the U.S. economy and equity markets thrive halfway through the decade, UBS analysts suggest 2025 will be pivotal in determining whether the “Roaring ‘20s” economic regime can continue through the decade. In their latest macroeconomic assessment, UBS highlights that